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Dual-Tenant Retail Property
For Sale
$1,375,000

1815 Peach St, Erie, PA 16501

Fully leased commercial asset with two established occupants under agreements through August 31, 2030.

Property Size16,200 SF
Price / SF$84.88
Days on Market15

Property Features for 1815 Peach St

General Information

Standard status Active
Size 16,200 SF
Zoning C-4
Occupancy 100%

Financials

Asking Price $1,375,000
Cap Rate 7.24%

Taxes and HOA fees

Annual Taxes $20,194

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Select - Airport
Listed By: Alexandra Redlawsk · License #RS371955
Source: Exprealty
Added: Jul 28 Changed: Aug 8 Last Checked: Aug 10 at 7:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Select - Airport

Investment Insights

Based on property information with market context.

Located at 1815 Peach St in Erie, Pennsylvania, this 16,200-square-foot retail property is configured for two commercial occupants. Sherwin-Williams and Esper Treatment Center currently lease the building, providing an established tenancy profile for the asset.

Both leases extend through August 31, 2030. The property carries C-4 Commercial zoning, supporting a range of commercial uses. Current operations reflect full occupancy, and the reported capitalization rate is approximately 7.24% based on current NOI.

Key Highlights

  • 16,200‑square‑foot retail property at 1815 Peach St, Erie, PA
  • Dual‑tenant occupancy with Sherwin‑Williams and Esper Treatment Center
  • Both tenant leases run through August 31, 2030

Property Analytics

Current Use

Sherwin-Williams Commercial Paint ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center Nail Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,486
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 34% Home Improvements & Furnishings 1%
Country Fair Shops & Services
15,117 visits/mo 0.3 miles
Wendy's Dining
13,324 visits/mo 0.5 miles
Arby's Dining
10,458 visits/mo 0.5 miles
Citgo Shops & Services
6,495 visits/mo 0.4 miles
Family Dollar Shops & Services
5,507 visits/mo 0.2 miles

Demographics for 16501, PA

2,241
Population
1,468
Households
1.5
Avg Household Size
48
Median Age
23%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
3,201
Density / Sq Mi
$14,579
Median Household Income
$12,623
Median Earnings
$411
Median Rent

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased commercial asset with two established occupants under agreements through August 31, 2030.
Where is this retail space located?
The property is located at 1815 Peach St Erie, PA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 16,200‑square‑foot retail property at 1815 Peach St, Erie, PA; Dual‑tenant occupancy with Sherwin‑Williams and Esper Treatment Center; Both tenant leases run through August 31, 2030
More about this property
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